The signs of a potential reversal in this week’s cash price run-up that began to surface Wednesday (see Daily GPI, Sept. 1) proved to be highly accurate. The September aftermarket, which had gotten off to a strong start the day before, was headed downhill in a hurry Thursday with losses ranging from about 30 cents to $2.60 or so.
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Report: Regulatory Support Key to LDC Success
After surviving a second winter of higher commodity prices in good shape — at least on the surface — local distribution companies (LDCs) will need continued regulatory support that gives them the tools to capture costs and maintain credit quality, Standard & Poor’s (S&P) said in a new report.
Report: Regulatory Support Key to LDC Success
After surviving a second winter of higher commodity prices in good shape — at least on the surface — local distribution companies (LDCs) will need continued regulatory support that gives them the tools to capture costs and maintain credit quality, Standard & Poor’s (S&P) said in a new report.
8th Circuit Deals a Blow to Wyoming Coal Interests, Coal-Burning Utilities
The U.S. Court of Appeals for the Eighth Circuit Thursday vacated and remanded a decision by the U.S. Surface Transportation Board (STB) approving a $1.4 billion rail project to carry coal from the Powder River Basin to power plants in the East and Midwest, saying the board failed to assess the environmental impact of increased coal burning.
8th Circuit Deals a Blow to Wyoming Coal Interests, Coal-Burning Utilities
The U.S. Court of Appeals for the Eighth Circuit Thursday vacated and remanded a decision by the U.S. Surface Transportation Board (STB) approving a $1.4 billion rail project to carry coal from the Powder River Basin to power plants in the East and Midwest, saying the board failed to assess the environmental impact of increased coal burning.
BP to Reduce Lower 48 Workforce; Alaska Safety Issues Surface
London-based BP plc plans to cut about 1,000 jobs from its Lower 48 operations, after announcing last week that its fourth quarter earnings will be below forecasts. Apparently, no more jobs will be eliminated from the extensive Alaska operations, which were cut 20% last year.
BP to Reduce Lower 48 Workforce; Alaska Safety Issues Surface
London-based BP plc plans to cut about 1,000 jobs from its Lower 48 operations, after announcing last week that its fourth quarter earnings will be below forecasts (see Daily GPI, Jan. 15). Apparently, no more jobs will be eliminated from the extensive Alaska operations, which were cut 20% last year.
CPUC Split on Market Versus Regulatory Solutions in Gas Storage Cases
On the surface, a straightforward purchase of California’s second merchant underground natural gas storage facility is taking on major policy implications. It could provide a view this week of just how hard-and-fast the split is between pro-market and pro-enforcement regulators at the state regulatory commission.
CPUC Split on Market Versus Regulatory Solutions in Gas Storage Cases
On the surface, a straightforward purchase of California’s second merchant underground natural gas storage facility is taking on major policy implications. It could provide a view next week of just how hard-and-fast the split is between pro-market and pro-enforcement regulators at the state regulatory commission.
Prices Keep Rising, But Staying Power Doubts Surface
Cash quotes continued to rise Wednesday in both swing deals fortoday and in what little bit of bidweek business remained to bedone. However, doubt was growing about how much longer theunprecedented recent price strength can be maintained after futuresreacted negatively to a storage report for the first time in morethan a month.